Golden Matrix Group Balance Sheet Health
Financial Health criteria checks 6/6
Golden Matrix Group has a total shareholder equity of $32.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $37.1M and $5.0M respectively. Golden Matrix Group's EBIT is $81.9K making its interest coverage ratio -1.1. It has cash and short-term investments of $17.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -1.1x |
Cash | US$17.29m |
Equity | US$32.15m |
Total liabilities | US$4.95m |
Total assets | US$37.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SE0C's short term assets ($24.2M) exceed its short term liabilities ($4.7M).
Long Term Liabilities: SE0C's short term assets ($24.2M) exceed its long term liabilities ($257.1K).
Debt to Equity History and Analysis
Debt Level: SE0C is debt free.
Reducing Debt: SE0C currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SE0C has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SE0C is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.1% per year.